After several horror years of airline failures globally, 2011 was a relatively quiet year with only a small number of airline names vanishing. 2012 has already been busy, however, with the collapse of Spanair and Cirrus in January. This week I was sad to see the collapse of Malév, the Hungarian flag carrier. The airline has been on the edge of collapse for years. Shutdown was triggered by a European Commission order to repay €300 million in “illegal” government subsidies and forced when Tel Aviv and Dublin airports grounded two of Malév’s jets. On closure day, 30 000 passengers were stranded. The airline had…
Malev Tribute. Goodbye Malev
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